Starting of “Zero CO2 Manufacturing”
by Switching to Green PowerKANUMA, December 1, 2021

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Nakanishi Inc. (TSE : 7716, President and Group CEO : Eiichi
Nakanishi, “NSK”) announces that it switches 100% of theelectricity used at headquarters and A1 Factory in Japan torenewable energy (green power) including photovoltaic power,and starts “Zero CO2 Manufacturing” from today.

Investors

Addressing global warming, which is accompanied by severe climatechange, has become an urgent problem, and international efforts suchas the Paris Agreement and the SDGs (Sustainable Development Goals)
are becoming more active. In October last year, the Japanese
government announced its policy of achieving “carbon neutrality by2050”, and the trend toward a decarbonization society is accelerating inJapan as well.
Since acquiring ISO 14001 environmental management system in 1999,
NSK has been working to reduce energy consumption by maintaining
environmental conservation at headquarters and production sites,
introducing photovoltaic power, groundwater recycling air conditioning
systems, and automatic air conditioning control systems. As a global
company, NSK has decided to switch all energy consumed in domestic
production activities to green power from photovoltaic power as afurther measure to play a more active role in efforts to realize asustainable society.
NSK has entered into an electric power purchase contract with Eneres
Power Marketing Co., Ltd. (Kandasurugadai, President: Nobuyasu
Shimokawa), an electric power retail company, and starts using thatfrom today. Greenhouse gas emissions will be calculated every physicalyear and third-party verification will be conducted to ensure the validityof emissions while promoting "Zero CO2 Manufacturing".
Looking ahead to acquire the “Environmental Initiative” in the future,
NSK intends to actively reduce greenhouse gas emissions throughout its
business activities (throughout its entire supply chain) and to fulfill its
social responsibility as a leading company in the dental and medical
equipment industry to promote a decarbonization society.

Daisuke Suzuki
Corporate Vice President & Group CFO
Masatoshi Akiya
Head of Corporate Communication

ir@nsk-nakanishi.co.jp

MediaWakako Uesawa
Corporate Communication Specialist
Nobue Ebihara
Corporate Communication Specialist

pr@nsk-nakanishi.co.jpAbout Nakanishi Inc.
To achieve the mission of “To create
brilliant progress via innovative
grinding technology,” NSK has
continued to hone the three coretechnologies of high-speed rotary
technology, ultrasound technology
and micro motor technology.
Using these core technologies, NSK
will continue to provide innovative
products in the dental, medical andindustrial fields, and keep contributing
toward the creation of all kinds ofprogress, such as bringing inspiration,
happiness, benefits and joy to society
and people.
NSK has two main locations fordevelopment and production:
headquarters and A1 factory inKanuma, Japan that handle the main
ultra-high speed rotating equipment
and ultrasonic equipment.
The company’s shares are listed in
the Tokyo Stock Exchange.
Visit www.en.nakanishi-inc.jp for
more information about Nakanishi Inc.
and NSK products.

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Efforts to Reduce Greenhouse Gas Emissions in its Supply Chain
With growing concern about the environment on a global scale, morecompanies are disclosing their environmental activities as part of theirinformation disclosure. NSK places importance on calculating andmanaging emissions in its business activities as well as in its entire
supply chain. Based on “GHG Protocol”, an international standard for
calculating GHG (Greenhouse Gas) emissions, and “Basic Guidelines for
Calculating GHG Emissions through the Supply Chain” from theJapanese Ministry of the Environment's, NSK will also strive to calculate
and reduce emissions from business activities (Scope1 and Scope2) andindirect emissions outside the scope of its business activities (Scope3).

This time, NSK is going to switch the energy used in its production
activities “Scope2” to renewable energy-based electricity, which isshown in the chart, and reduce greenhouse gas emissions to zero. In“Scope3”, NSK will measure greenhouse gas emissions during theprocurement of raw materials and the use and disposal of products by
its customers. Moreover, NSK will address reducing emissions bypromoting its products that consume less power, smaller and lighter, andby reviewing logistics etc.
NSK believes that the creation of environmentally conscious products
also leads to more business opportunities, so it intends to actively work
toward the realization of carbon neutrality by considering the promotionof its business strategy and its efforts to tackle environmental problem
in an integrated fashion with an eye to active participation in climate
protection projects.
Note:This document is a translation of the original Japanese document and is only for reference purposes. All readers arerecommended to refer to the original version in Japanese of the release for complete information.
source:Nakanishi Inc. https://www.nakanishi-inc.jp/release/

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